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Prediction: A Major Receivership is Imminent

1 min read

Accountant Marcus Willison of Ernst & Young made another significant prediction, namely that a big village operator will go into receivership in the near future. This would make the cherry picking scenario for the above overseas entrant easy but will be potentially very damaging for the industry, having the less desirable villages (and their residents) left languishing while the receiver’s price is knocked down.

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